Trading the Storm - Methods for the Struggling Trader

[Trading the Storm - Methods for the Struggling Trader]

Not to cloud anyone's analysis, but this trendline appears to be spot on..

 

BTW, nice trade, what is that like 65 ticks MFE? Pretty good RR

[Trading Momentum Moves Intraday]

The trouble I find with momentum is that it just costs too dang much!

 

"FulcrumTrader Premium Daily Advisory Service

$57.00 per month subscription"

 

 

Or this guys momentum, which is really steep!

 

 

"CONSISTANT PROFITABILITY SET: $2500

 

Over 200+ hours of theory and live recorded training in 17 DVDs

2 hours of 1:1 mentoring by EL in 8 separate sessions

Full set of iterative trading plans

EL Trade Summary and management DVD"

[Reading Charts in Real Time]

Chart ...

 

 

Best Wishes,

 

Thales

 

Maybe a 1-2-3? Doesn't really scream anything at me..

[ArturiusX..... the Master of Poker and Trading....]

Liquor and trading forums mix oh so well.

[Volume Profile Based Support & Resistance]

Interesting stuff, I have never really delved into market profile stuff. I take it the blue bars on the profile prints are the highest volume zone? So are you looking for those to cluster at the extremes of the profiles? I will attach a picture that might make my question clearer.

[What's Happened to Our Site?]

Does anyone else who browses with chrome get these warnings? It is really annoying..

[TAs for Support and Resistance]

There is no method more effective for locating intra day ( or longer time frame) zones of support and resistance then using previous areas of high volume to frame value zones.

 

Now that is what I call a bold statement.

[Cory2679, TMBTC, Mktwzrd]

I know who the first handle is.... but pray tell, who is the second?

 

Post (or PM if you like..)

 

The forum vendetta continues.. You guys are ridiculous.

[Bernanke Speaks]

How can you be sure of this?

[Reading Charts in Real Time]

Found a good .pdf on 1-2-3's on a different forum. It doesn't mention support or resistance, but I thought it would be relevant to this thread anyways..

 

Thales a blog would be great, keep us posted.

123_Trading_System_Set_Up.pdf

[What Market Should You Start With?]

I am starting to think the ZF might be the most beginner friendly. From a price action perspective it is slow moving and reacts to support and resistance well. The tick size is pretty small too..

[Cory2679's Log]

This might be the most responsible thing I have ever read on a trading forum. Are you still trading longer term S/R, or have you changed your strategy? Good luck with everything.

[Reading Charts in Real Time]

H&S on the NQ? Looks pretty good..

 

 

EDIT: Nevermind, pattern is negated

[Reading Charts in Real Time]

NQ Anyone? Long at support perhaps.

[Drinking and Trading]

I subscribe to the Paul Tudor Jones two drink minimum rule. Well for SIM trading, not deutsche mark currency futures at 4:00 AM. Sorry, I just watched his documentary last night.

[Interesting Charts for Technical Trades]

Based on what, besides the overall market dropping?

 

Yeah it looked like a downtrend was starting and it was consolidating\wedging around support. Which to me equals a breakout, and I was betting that direction was with the short term trend. Wish I played that one

[Interesting Charts for Technical Trades]

CMLS

 

Not taking this trade myself, but this is one way to play this stock...

[Trading Without a Chart]

Browse this forum a little, there are several explanations of tape reading and using the DOM to trade. Soultrader posted some videos on the subject. Thalestrader also talked about looking for price patterns on the DOM in the Reading Charts in Real Time thread.

[Price Action]

After clicking "post reply"

 

Scroll down to the area under your post, you will see a button that says "Manage Attachments"

 

"Choose" a file from your computer, preferably not too large

 

Click the "Upload" button

 

Close that window and press the "submit reply" button.

 

Easy as 1-2-3. I agree its very difficult to follow rapid-fire posting/trade calls without illustrating the underlying price action.

[Trading Setups - A Perspective on Hardware]

Not a bad idea, but for me, it has been so long since I was in Austin, I would happily settle for the original Salt Lick. Last time I was there they only had the one location.

 

cheers

 

Amen, one of the best reasons to live in Austin. Some would argue the BBQ in Lockhart is better, but I am still partial to the Salt Lick. But yes, they only have one location but they bottle that amazing sauce now. Ok, derail end.

 

My current trading setup:

 

ASUS Eee Family | Easy to Learn, Work and Play

 

Keeping it light!

[Trading Setups - A Perspective on Hardware]

Nice dogs, but I would be worried about growing a tumor with all those monitors around

[Anyone Traveling While Trading Remotely a La 4hourworkweek?]

Nice advice Blowfish. I have been backpacking for a good while now and will say that South East Asia is not the place to travel-trade. I could barely get by with simming there let alone live trading. Although I did meet one guy trading forex in Cambodia... but it was pretty dicey.

 

I am in France now, and it seems totally feasible here. I suppose most of Europe is the same way. In my opinion the best way to do this would be to sublet apartments for a couple of weeks at a time. Relying on hotels and guest houses just won't cut it.

 

For shits and giggles, here are some "travel trades" I took today from my netbook (sim, mostly to keep me sharp). You should also look into freelance writing and some other online money making scheme. They won't require as robust technology.

[Sureshot Intraday Tips on Your Mobile.]

What is with the spam lately?

[Reading Charts in Real Time]

more interesting action..

 

EDIT: Filled, then closed at BE. Huge volume on the breakthrough and no real movement. I am no volume expert, but it looks like someone is buying.

[Reading Charts in Real Time]

Wow, I really wanted to post this trade in real time... Too bad it was all over in about 10 seconds.. Damn you free Malaysian wifi!

 

Before and after on the NQ. 1-2-3 around last weeks highs.

 

EDIT: Nice rejection at prior swing, looking for another 1-2-3 to test the highs again..